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BILLS OF EXCHANGE ACT 1882 - SECT 9

Sum payable.

9.(1) The sum payable by a bill is a sum certain within the meaning of
this Act, although it was required to be paid

(a)With interest.

(b)By stated instalments.

(c)By stated instalments, with a provision that upon default in payment of any
instalment the whole shall become due.

(d)According to an indicated rate of exchange or according to a rate of
exchange to be ascertained as directed by the bill.

(2) Where the sum payable is expressed in words and also in figures, and there
is a discrepancy between the two, the sum denoted by the words is the amount
payable.

(3) Where a bill is expressed to be payable with interest, unless the
instrument otherwise provides, interest runs from the date of the bill, and if
the bill is undated from the issue thereof.

© 1882 Crown Copyright

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